Housing Market Analysis for OTTERHAM QUAY LANE, ME8 8LU

Are you looking to understand ME8 8LU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Medway postcode.

For the location information and nearby amenities in the ME8 8LU area, explore the ME8 8LU Area information page.
For comprehensive crime statistics in the ME8 8LU area, explore the ME8 8LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 8LU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £400,000 median price is £400,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 15 OTTERHAM QUAY LANE: £400,000 (Sold on 13 Dec 2018)
    • The first recorded sale happened at this postcode is 15 OTTERHAM QUAY LANE: £400,000 (Sold on 13 Dec 2018)
  • Semi-Detached
    • The average price is around £161,000 median price is £166,000 Standard Deviation is £35,861 with Total Sold: 4
    • The most recent sale happened at this postcode is 27 OTTERHAM QUAY LANE: £205,000 (Sold on 18 Jul 2011)
    • The first recorded sale happened at this postcode is 27 OTTERHAM QUAY LANE: £107,000 (Sold on 20 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8LU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£400,000 £4,938 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£205,000 £1,271 1
2006£177,000 £2,529 1
2002£155,000 £961 1
1997£107,000 £663 1

All the Sales in the OTTERHAM QUAY LANE, ME8 8LU

See the table below for more details on the sold house prices in the ME8 8LU, Medway postcode.

AddressSold DatePrice% Change
15 OTTERHAM QUAY LANEDetached, FreeholdArea: 81 Sq.mtrAge: 1950-196613 Dec 2018£400,000First Sale
27 OTTERHAM QUAY LANESemi-Detached, FreeholdArea: 161.32 Sq.mtrAge: 1950-196618 Jul 2011£205,00032.26%
03 Apr 2002£155,00044.86%
20 Feb 1997£107,000First Sale
21 OTTERHAM QUAY LANESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1950-196627 Feb 2006£177,000First Sale

Check out the sold house prices near the ME8 8LU postcode. Properties currently for saleProperties currently for rent

OTTERHAM QUAY LANE, ME8 8LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME8 8LU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the ME8 8LU postcode.

  • Flat
    • The average price is around £86,140 median price is £86,000 Standard Deviation is £42,636 with Total Sold: 315
    • The Last 5 Year average price is £153,104 with Total Sold: 46
    • The most recent sale happened at this postcode is , 20 MERESBOROUGH ROAD: £150,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 5, AXFORD COURT, 231 HIGH STREET: £37,500 (Sold on 17 Mar 1995)
  • Semi-Detached
    • The average price is around £170,740 median price is £155,750 Standard Deviation is £96,397 with Total Sold: 444
    • The Last 5 Year average price is £307,647 with Total Sold: 58
    • The most recent sale happened at this postcode is , 21 OASTVIEW: £335,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 25 CHICHESTER CLOSE: £67,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £155,431 median price is £147,000 Standard Deviation is £80,642 with Total Sold: 940
    • The Last 5 Year average price is £271,974 with Total Sold: 152
    • The most recent sale happened at this postcode is , 41 MARDALE CLOSE: £277,500 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 293 HIGH STREET: £29,500 (Sold on 14 Jan 1995)
  • Detached
    • The average price is around £242,475 median price is £224,000 Standard Deviation is £143,498 with Total Sold: 123
    • The Last 5 Year average price is £410,594 with Total Sold: 16
    • The most recent sale happened at this postcode is , 14A MIERSCOURT ROAD: £232,500 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , MOORLAND SEYMOUR ROAD: £180,000 (Sold on 19 Jan 1995)
  • Other
    • The average price is around £809,579 median price is £232,500 Standard Deviation is £1,408,489 with Total Sold: 14
    • The Last 5 Year average price is £429,822 with Total Sold: 5
    • The most recent sale happened at this postcode is , 13 BANKY FIELDS CLOSE: £265,000 (Sold on 15 Mar 2021)
    • The first recorded sale happened at this postcode is , 173 HIGH STREET: £175,000 (Sold on 01 Jun 2016)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,0004
2023£155,000 £3,190 10
2022£161,389 £3,115 9
2021£154,272 £3,175 11
2020£139,830 £3,193 10
2019£142,500 £2,730 2
2018£136,857 £3,017 7
2017£138,875 £2,671 8
2016£119,283 £2,207 6
2015£110,458 £2,399 12
2014£104,410 £2,140 15
2013£91,466 £1,715 15
2012£90,167 £1,575 6
2011£98,000 £1,718 2
2010£79,800 £1,574 5
2009£87,917 £1,724 6
2008£95,874 £2,056 8
2007£107,375 £2,095 16
2006£95,000 £2,035 10
2005£95,142 £1,889 14
2004£87,285 £1,862 7
2003£83,383 £1,710 13
2002£62,087 £1,280 17
2001£50,892 £1,038 14
2000£43,062 £816 20
1999£37,578 £751 19
1998£35,654 £662 12
1997£31,014 £659 17
1996£29,550 £571 10
1995£32,374 £731 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,000 £3,767 6
2023£335,062 £4,006 8
2022£378,500 £3,841 8
2021£314,636 £3,704 11
2020£259,364 £3,361 11
2019£280,357 £3,423 14
2018£338,150 £3,125 10
2017£285,467 £3,121 12
2016£246,466 £3,252 16
2015£243,111 £2,846 9
2014£198,937 £2,222 8
2013£206,833 £2,165 9
2012£162,367 £1,808 15
2011£171,682 £1,835 11
2010£175,750 £1,981 12
2009£173,889 £2,087 9
2008£189,000 £1,880 10
2007£189,318 £1,902 22
2006£176,340 £2,062 25
2005£164,045 £2,053 22
2004£163,588 £1,926 17
2003£145,041 £1,754 24
2002£123,899 £1,418 26
2001£101,054 £1,052 21
2000£90,536 £1,070 19
1999£82,154 £829 18
1998£72,465 £744 18
1997£66,399 £799 24
1996£66,104 £625 14
1995£58,333 £631 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£271,909 £3,235 11
2023£297,431 £3,538 29
2022£298,304 £3,689 23
2021£265,506 £3,186 43
2020£255,281 £2,964 16
2019£245,378 £2,905 30
2018£230,031 £2,811 32
2017£245,041 £2,875 39
2016£220,283 £2,654 33
2015£188,673 £2,333 39
2014£167,171 £1,912 31
2013£149,401 £1,767 29
2012£160,229 £1,746 24
2011£145,000 £1,765 26
2010£145,031 £1,765 16
2009£146,929 £1,741 21
2008£153,700 £1,806 15
2007£165,897 £1,965 44
2006£149,087 £1,810 46
2005£157,755 £1,862 43
2004£138,147 £1,704 27
2003£121,695 £1,508 28
2002£105,885 £1,261 41
2001£82,147 £995 46
2000£73,240 £931 33
1999£64,444 £757 37
1998£60,314 £742 35
1997£54,599 £638 40
1996£48,940 £550 39
1995£48,923 £599 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£232,5001
2023£359,000 £3,885 3
2021£443,889 £3,983 9
2020£350,000 £4,070 1
2019£457,500 £4,459 2
2018£475,000 £4,462 2
2017£403,500 £3,802 2
2016£351,833 £3,416 3
2015£360,000 £3,237 3
2014£319,875 £2,644 4
2013£250,125 £2,617 4
2012£242,750 £2,092 6
2011£350,0001
2010£308,000 £1,676 3
2009£407,0001
2008£363,400 £3,188 5
2007£245,643 £2,353 7
2006£311,250 £2,790 4
2005£205,000 £3,727 1
2004£283,900 £2,171 5
2003£257,166 £1,884 6
2002£198,500 £1,621 4
2001£193,5002
2000£156,062 £1,204 8
1999£175,0001
1998£64,375 £833 4
1997£90,500 £962 5
1996£113,062 £574 8
1995£98,722 £779 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£132,750 £1,618 2
2020£1,302,0091
2019£290,800 £16 2
2018£181,667 £2,589 3
2017£1,693,000 £2,843 5
2016£175,000 £3,646 1

House Type in ME8 8LU area

The most common house types in the ME8 8LU postcode area are Terraced (53), Semi-detached (48), and Flat (29).

Total150
Terraced53
Semi-detached48
Flat29
Detached16
Shared house3
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (46), and Owned: Owns with a mortgage or loan (41).

Private rented: Private landlord or letting agency46
Owned: Owns with a mortgage or loan41
Owned: Owns outright34
Social rented: Rents from council or Local Authority19
Social rented: Other social rented5
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME8 8LU have 1 person in household (51), and 2 people in household (41).

1 person in household51
2 people in household41
3 people in household29
4 people in household17
5 people in household7
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0